-+ 0.00%
-+ 0.00%
-+ 0.00%
This week, the industrial silicon market showed a trend of “futures fluctuation weakening and full spot correction”. Expectations of polysilicon production cuts have been disrupted by last week's news and upgraded to the dominant logic of this week's market, and concerns about long-term demand have further intensified. On the supply side, although the process of cutting production by leading companies continues, the resumption of production by some enterprises has slightly hedged the supply contraction. The overall supply contraction in the industry has weakened, and the supporting effect on prices has weakened accordingly. As a result, spot prices have recovered under pressure.
Share
Listen to the news
This week, the industrial silicon market showed a trend of “futures fluctuation weakening and full spot correction”. Expectations of polysilicon production cuts have been disrupted by last week's news and upgraded to the dominant logic of this week's market, and concerns about long-term demand have further intensified. On the supply side, although the process of cutting production by leading companies continues, the resumption of production by some enterprises has slightly hedged the supply contraction. The overall supply contraction in the industry has weakened, and the supporting effect on prices has weakened accordingly. As a result, spot prices have recovered under pressure.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending